Oneonta Boys Club Inc

Analysis

Oneonta Boys Club Inc is a registered charity in United States, based in Oneonta, NY. It received its IRS tax-exemption ruling in March 1967, 59 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2024, Oneonta Boys Club Inc reported income of $2.5m and spending of $1.8m, leaving 26% of income unspent that year. Across the 5 years on record, from July 2020 to July 2024, income grew from $754k to $2.5m (+228%), an average of +35% a year. The sharpest change came in the year to July 2021, when income rose by 1460%. Over the whole period it spent 30% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Oneonta Boys Club Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 85th percentile within NY. Charities of a similar size with the same main cause include Boys & Girls Club of Tulare County ($2.5m), Girl Scout Council of Tropical Florida Inc ($2.5m) and Young Women Empowered ($2.5m).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 13% and program service revenue 15% of the total. Other salaries and wages came to $601k. At year end it held assets of $30.6m against liabilities of $1.8m, net assets of $28.8m. It reported 33 employees.